The key to understanding the importance of diversification lies first with understanding risk. There are two types of risk when it comes to investing. If you’ve ever taken a finance or statistics class you’ll likely remember learning about unsystematic vs systematic risk. Understanding their differences helps investors maximize their investment returns. As advisors, it’s key[…]

Ever since 2008 we’ve lived in a low-interest-rate world. “Easy money” as it’s called. From a borrower’s perspective, it’s been a great time to finance a home, car, or business to lock in a low-interest rate. As the U.S economy slowly but surely moves towards higher interest rates in the future, the rate increases will[…]

In today’s world, we are faced with the threat of climate change, social instability, and several other social, environmental, and governance issues. If you’ve been wondering how to align your values with your investments, you’re in luck. Socially responsible investing funds exist specifically for this purpose and over the years the number of assets, oversight,[…]

With the rise of popular robo-advisor platforms like Wealthfront and Betterment that provide automated, low-cost investment management services, many people may wonder if the age of financial advice from actual humans is already dead or on it’s way out. However, this is simply not the case, according to LendEDU, a Delaware-based start-up in the student[…]

For many Millennials, long gone are the days of the status quo of climbing the corporate ladder and working for the same employer for their entire 30+ year career. Instead, Millennials “plan to work for many employers over their lifetimes, or for many employers and themselves, along with becoming business owners,” according to Accountingweb.com. This[…]

We developed a personal expense worksheet to help our clients identify where they’re spending their money, and how much they’re spending on average, monthly and annually. We hesitate to call it a budgeting template because it’s not. We don’t believe in traditional budgeting unless it’s truly necessary to break bad spending habits. For most people,[…]

Congratulations on getting married! This is a huge milestone that signifies the beginning of a new phase in life. It also means the beginning of a new financial picture for you and your spouse. Certainly, many questions will arise during this process, such as: should we commingle our assets? If so, which ones? Will we[…]

If you’ve ever had aspirations of starting a business, the process can seem overwhelming. There are many questions and hurdles to address even before setting up shop. From complying with local, state, and federal regulations, to developing a marketing strategy or distribution network. The list goes on and on and the actual technical aspects of[…]

The variety of Financial Advisors, Financial Professionals, Financial Planners, etc, that people hold themselves out to be has become extensive. Our industry hasn’t done a great job of defining the distinguishing characteristics of each to our consumers. It’s probably left you asking, what do financial planners do? If you had to choose between an advisor[…]

Before we dive in, we must emphasize the importance of caution with credit cards when it comes to making smart financial decisions and building your wealth. It’s not uncommon for people to spend carelessly and get themselves in trouble with high interest-rate debt. If you are not in a place financially where you can feel comfortable[…]

Getting started as an investor can seem like a daunting task at first, largely because it’s never taught. There isn’t a personal finance or investing class available unless you specifically study finance. Don’t feel alone if you have no idea where to get started. It’s never too early or too late, whether you have $1000[…]

You’ve probably heard of the rise of Bitcoin in the news lately. The price of one Bitcoin has risen over 1000% in the past year, drawing investors large and small, experienced and inexperienced, to partake in this speculative investment. The rise of Bitcoin and other cryptocurrencies that have sprung up in its wake is nothing[…]